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According to Sinochem News, Sinopec announced that China’s first large-scale shale gas field, Sinopec’s Fuling shale gas field, Baima block, the new report on proven reserves of shale gas passed the review of the Ministry of Natural Resources on December 9.
It is determined that the block has 104.
883 billion cubic meters of new proven reserves
.
So far, the Fuling shale gas field has a cumulative proven gas-bearing area of 824 square kilometers and a cumulative proven reserve of nearly 900 billion cubic meters, accounting for 34% of the country’s proven shale gas reserves
The Fuling shale gas field is located in Fuling District, Chongqing City.
It is one of the important gas sources of China's Sichuan-East Gas Pipeline and an important resource foundation for Sinopec's "Gasification of the Yangtze River Economic Belt" operation
.
The Baima block of the Fuling shale gas field proved this time has the characteristics of “double complex” surface structure and underground structure, and belongs to a typical atmospheric deep gas reservoir
The Fuling shale gas field started construction in December 2012 and entered commercial development ahead of schedule in March 2014.
It is the first large-scale shale gas field in China to enter commercial development
.
In March 2017, the annual production capacity of 10 billion cubic meters was completed as scheduled.
Up to now, the Fuling shale gas field has put into production a total of 643 wells, with a cumulative gas production of over 41.